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Trump Interview Highlights: WTO, Sessions, Capital Gains Taxes

Trump Interview Highlights: WTO, Sessions, Capital Gains Taxes

(Bloomberg) -- Here are highlights from President Donald Trump’s Oval Office interview with Bloomberg News Thursday. Trump spoke with Editor-in-Chief John Micklethwait and White House reporters Margaret Talev and Jennifer Jacobs.

WTO

On pulling out of the World Trade Organization:
“If they don’t shape up, I would withdraw from the WTO.”

Sessions

On Attorney General Jeff Sessions, Trump said his job is safe until the midterm elections in November:
“I just would love to have him do a great job.”

Taxes

On indexing capital gains to inflation, a change that would amount to a tax cut for investors:
“I’m thinking about it.”

Powell

On Federal Reserve Chairman Jerome Powell, Trump said he doesn’t regret appointing him:
“I put a man in there who I like and respect.”

Trade

On a trade deal with Canada, he said he thought it was close:
“It may be by Friday or it may be within a period of time. But ultimately they have no choice.”

Tariffs

On the EU’s proposal to eliminate auto tariffs:
“It’s not good enough.”

(Read more)

Social Media

On social media companies:
"I mean, look the conservatives have been treated very unfairly."

Mueller

On Special Counsel Robert Mueller’s probe:
“I view it as an illegal investigation. I’m not saying anything, I’m just telling you this: You read the great scholars, the great legal- there should have never been a special counsel.”

(Read more)

To contact Bloomberg News staff for this story: Justin Blum in Washington at jblum4@bloomberg.net

To contact the editors responsible for this story: Kevin Whitelaw at kwhitelaw@bloomberg.net, Justin Blum, Michael Shepard

©2018 Bloomberg L.P.

With assistance from Editorial Board